BioTrade project offers a range of benefits for member companies, namely:

For governance:

• Improve operational efficiency and effectiveness through application of international standards in management and production;
• Secure a supply of natural ingredients of high sustainable quality;
• Opportunities to access to potential financing sources.

For business:

• Enhance brand name on the ground of the project’s active communication;
• Gain competitive advantage as a result of adopting strategic business management measures;
• Access to high-end and export markets;
• Open up opportunities to become part of a global BioTrade network.

 

Moreover, communities who participate in the project are also given the opportunity to improve their knowledge and skills in cultivating, harvesting/collecting, and processing of medicinal plants. Besides, establishing direct contact with manufacturers helps reduce market vulnerability and increase their income, stabilize their livelihood.